The “dismal science” of economics typically focuses on “bad” news. But there are many favorable developments taking place within the U.S. economy. We do face major challenges…no question. Recessionary pressures are intense…no argument here. Presented here, however, is ONLY the “good” news.
* U.S. exports to the world of goods and services are at record levels.
* A year-end 2007 Gallup Poll noted that “more than 8 in 10 Americans say they are satisfied with their personal lives at this time, including a solid majority who say they are ‘very satisfied.’”
* During the early 1960s, the five-year survival rate from cancer for Americans was one in three. Today it is two in three…continuing to climb…and the highest in the world.
* For every dollar of U.S. economic output generated today, we burn less than half as much oil as 30 years ago.
* Today’s moms and dads, whether working or at home, are spending four to six hours more per week with their kids than did the previous generation.
* Alcohol-related traffic fatalities in the most recently reported year dropped by more than half versus 20 years ago.
* The nation’s jobless rate averaged 4.6% in both 2006 and 2007, the lowest average in six years, and lower than average rates in the ’70s, ’80s, and ’90s.
* The number of people who have quit smoking (46 million) now exceeds the number who still smoke (45 million). More details please visit:-http://techypills.com https://jignal.com/ https://fontstiger.com/ https://laramediagroup.com https://www.decktopus.com/
* The American economy added nearly seven million net additional jobs during 2004 to 2006, and added more than 1.1 million in 2007.
* The sharp decline recently in the 10-Year U.S. Treasury Note yield from around 3.85% to 3.53% should lead mortgage rates lower.
* Substantiated cases of childhood sexual abuse have fallen 49% since 1990. Physical abuse of children is down by 43%.
* U.S. corporations hold an estimated $611 billion in cash on their balance sheets, a “tool” to help lessen the chance of, or minimize the impact of, a recession.
* More than three million girls participated in high school sports last year, part of a record 7.3 million total participants.
* The Federal Reserve is expected to reduce its key short-term interest rate for a sixth time no later than March 18, with another cut possible in April. Debt costs for millions of Americans will decline as a result.
* Donations to charity set an all-time high in 2006, with a total of $295 billion donated by individuals, foundations, and corporations. As a percentage of GDP, Americans gave twice as much as the next most charitable nation…England.
* Some 68.6% of the 2.7 million “Class of ’05” high school graduates enrolled in colleges & universities, the highest ever.
* Productivity of the average U.S. worker rose an average of 2.6% annually during the past 10 years, the largest gains in 40 years. Rising productivity is a long-term key to higher standards of living.
* The U.S. rate of home ownership reached 69.2% of households in recent quarters, the highest ever, before declining slightly.
* The upward “mobility” of the typical American remains the greatest in the world. Why? The U.S. economy “rewards” the combination of hard work and educational achievement more than ever before…and more than any other country in the world.